A10 Networks Repeats Ranking as #1 Computer Hardware Vendor in Inc. 500 Fastest-growing Private Companies List Three-Year Sales Growth of 2,334%
SAN JOSE, Calif., Aug. 22, 2012 /PRNewswire/ -- Inc. magazine today ranked A10 Networks, the technology leader in Application Networking, as the #1 Computer Hardware vendor, and #3 for San Jose-based companies, on its 31st annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America's independent entrepreneurs. Companies such as Microsoft, Zappos, Intuit, Jamba Juice, Oracle, and many other well-known names gained early exposure as members of the Inc. 500|5000.
"We are proud to be recognized as the leader in Computer Hardware as part of the Inc. 500 for the second consecutive year, marking our overall inclusion in Inc.'s list for three years in a row," said Lee Chen, Founder and CEO for A10 Networks. "The rapid explosion of Internet traffic and connected mobile devices is propelling A10's growth as organizations require highly scalable and flexible solutions to keep pace. A10 continues to innovate in the Application Networking market to address industry requirements, and we are growing rapidly with over 2,000 customers and 450 employees worldwide."
The 2012 Inc. 500, unveiled in the September issue of Inc. (available on newsstands August 21 to November 15 and on Inc.com), is the most competitive crop in the list's history. To make the cut, companies had to have achieved a staggering minimum of 770% in sales growth. The Inc. 500's aggregate revenue is $15.7 billion, with a median three-year growth of 1,431 percent. The companies on this year's Inc. 500 employ more than 48,000 people and generated over 40,000 jobs during the past three years. Complete results of the Inc. 500|5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/500.
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is," says Inc. magazine Editor Eric Schurenberg.
A10 Networks delivers industry leading Application Networking solutions that accelerate, optimize and secure customers' web sites and applications. A10's flagship AX Series platforms deliver solutions for: Application Delivery/Server Load Balancing, IPv6 Migration and Cloud Computing & Virtualization. The AX Series is deployed in numerous verticals including customers of all sizes in the service provider, Web portal, financial, education, manufacturing, technology and numerous additional markets.
For A10's listing in the Inc. 500, please visit: http://www.inc.com/inc5000/profile/a10-networks
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.
About A10 Networks
A10 Networks was founded in Q4 2004 with a mission to provide innovative networking and security solutions. A10 Networks makes high-performance products that help organizations accelerate, optimize and secure their applications. A10 Networks is headquartered in Silicon Valley with offices in the United States, United Kingdom, France, The Netherlands, Germany, Brazil, Japan, China, Korea, Taiwan, Hong Kong, Malaysia and Singapore. For more information, visit www.a10networks.com.
SOURCE A10 Networks